Access Bank (Ghana) Plc provides various banking products and services in Ghana and internationally.
Access Bank (Ghana) Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||GH₵3.49|
|52 Week High||GH₵0|
|52 Week Low||GH₵0|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||n/a|
|3 Year Change||15.95%|
|5 Year Change||n/a|
|Change since IPO||-14.88%|
Recent News & Updates
|ACCESS||GH Banks||GH Market|
Return vs Industry: Insufficient data to determine how ACCESS performed against the GH Banks industry.
Return vs Market: Insufficient data to determine how ACCESS performed against the GH Market.
Stable Share Price: Insufficient data to determine ACCESS's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine ACCESS's volatility change over the past year.
About the Company
Access Bank (Ghana) Plc provides various banking products and services in Ghana and internationally. The company operates through five segments: Institutional Banking, Commercial Banking, Personal Banking, Business Banking, and Treasury and Investment Banking. It offers current, savings, and call accounts; fixed deposits; vehicle and personal loans, term loans, and overdrafts; and mobile and Internet banking, automated teller machine, money transfer, and cardless withdrawal services, as well as debit and credit cards.
Access Bank (Ghana) Fundamentals Summary
|ACCESS fundamental statistics|
Is ACCESS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ACCESS income statement (TTM)|
|Cost of Revenue||GH₵0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.48|
|Net Profit Margin||42.90%|
How did ACCESS perform over the long term?See historical performance and comparison
6.6%Current Dividend Yield
Is Access Bank (Ghana) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ACCESS (GHS3.49) is trading below our estimate of fair value (GHS4.72)
Significantly Below Fair Value: ACCESS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ACCESS is good value based on its PE Ratio (2.4x) compared to the GH Banks industry average (4.1x).
PE vs Market: ACCESS is good value based on its PE Ratio (2.4x) compared to the GH market (5.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ACCESS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ACCESS is good value based on its PB Ratio (0.5x) compared to the GH Banks industry average (0.7x).
How is Access Bank (Ghana) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Access Bank (Ghana) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Access Bank (Ghana) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACCESS has high quality earnings.
Growing Profit Margin: ACCESS's current net profit margins (42.9%) are higher than last year (41.9%).
Past Earnings Growth Analysis
Earnings Trend: ACCESS's earnings have grown significantly by 46.5% per year over the past 5 years.
Accelerating Growth: ACCESS's earnings growth over the past year (29.8%) is below its 5-year average (46.5% per year).
Earnings vs Industry: ACCESS earnings growth over the past year (29.8%) underperformed the Banks industry 32.6%.
Return on Equity
High ROE: ACCESS's Return on Equity (21.3%) is considered high.
How is Access Bank (Ghana)'s financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: ACCESS's Assets to Equity ratio (5.7x) is low.
Allowance for Bad Loans: ACCESS has a low allowance for bad loans (62%).
Low Risk Liabilities: 86% of ACCESS's liabilities are made up of primarily low risk sources of funding.
Loan Level: ACCESS has an appropriate level of Loans to Assets ratio (18%).
Low Risk Deposits: ACCESS's Loans to Deposits ratio (25%) is appropriate.
Level of Bad Loans: ACCESS has a high level of bad loans (18.5%).
What is Access Bank (Ghana) current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ACCESS's dividend (6.59%) is higher than the bottom 25% of dividend payers in the GH market (4.7%).
High Dividend: ACCESS's dividend (6.59%) is low compared to the top 25% of dividend payers in the GH market (8.17%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether ACCESS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ACCESS's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15.6%), ACCESS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Olumide Olatunji (46 yo)
Mr. Olumide Olatunji has been Managing Director of Access Bank (Ghana) Plc since December 5, 2018 and serves as its Director. He was Non-Executive Director at Access Bank (Rwanda) Plc until 2019. As an exp...
Experienced Management: ACCESS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: ACCESS's board of directors are considered experienced (7.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Access Bank (Ghana) Plc's employee growth, exchange listings and data sources
- Name: Access Bank (Ghana) Plc
- Ticker: ACCESS
- Exchange: GHSE
- Founded: 2009
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: GH₵607.077m
- Shares outstanding: 173.95m
- Website: https://www.ghana.accessbankplc.com
Number of Employees
- Access Bank (Ghana) Plc
- Starlets’ 91 Road
- Opposite Accra Sports Stadium
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 17:00|
|End of Day Share Price||2021/10/13 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.